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Recently, two attacks were presented against Proof-of-Stake (PoS) Ethereum: one where short-range reorganizations of the underlying consensus chain are used to increase individual validators' profits and delay consensus decisions, and one…

密码学与安全 · 计算机科学 2021-10-20 Caspar Schwarz-Schilling , Joachim Neu , Barnabé Monnot , Aditya Asgaonkar , Ertem Nusret Tas , David Tse

Blockchains have sparked global interest in recent years, gaining importance as they increasingly influence technology and finance. This thesis investigates the robustness of blockchain protocols, specifically focusing on Ethereum…

密码学与安全 · 计算机科学 2024-12-02 Ulysse Pavloff

Validators in permissionless, large-scale blockchains, such as Ethereum, are typically payoff-maximizing, rational actors. Ethereum relies on in-protocol incentives, like rewards for correct and timely votes, to induce honest behavior and…

密码学与安全 · 计算机科学 2025-05-06 Roozbeh Sarenche , Ertem Nusret Tas , Barnabe Monnot , Caspar Schwarz-Schilling , Bart Preneel

Blockchain systems, such as Ethereum, are increasingly adopting layer-2 scaling solutions to improve transaction throughput and reduce fees. One popular layer-2 approach is the Optimistic Rollup, which relies on a mechanism known as a…

计算机科学与博弈论 · 计算机科学 2025-04-08 Suhyeon Lee

With the promise of greater decentralization and sustainability, Ethereum transitioned from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. The new consensus protocol introduces novel vulnerabilities that warrant…

网络与互联网体系结构 · 计算机科学 2026-04-08 Constantine Doumanidis , Maria Apostolaki

Ethereum 2.0 is the second-largest cryptocurrency by market capitalization and a widely used smart contract platform. Therefore, examining the reliability of Ethereum 2.0's incentive mechanism is crucial, particularly its effectiveness in…

计算机科学与博弈论 · 计算机科学 2024-05-08 Chien-Chih Chen , Wojciech Golab

The long-term success of cryptocurrencies largely depends on the incentive compatibility provided to the validators. Bribery attacks, facilitated trustlessly via smart contracts, threaten this foundation. This work introduces, implements,…

密码学与安全 · 计算机科学 2026-01-14 Bence Soóki-Tóth , István András Seres , Kamilla Kara , Ábel Nagy , Balázs Pejó , Gergely Biczók

We present two attacks targeting the Proof-of-Stake (PoS) Ethereum consensus protocol. The first attack suggests a fundamental conceptual incompatibility between PoS and the Greedy Heaviest-Observed Sub-Tree (GHOST) fork choice paradigm…

密码学与安全 · 计算机科学 2022-03-03 Joachim Neu , Ertem Nusret Tas , David Tse

As of July 15, 2023, Ethererum, which is a Proof-of-Stake (PoS) blockchain [1] has around 410 Billion USD in total assets on chain (popularly referred to as total-value-locked, TVL) but has only 33 Billion USD worth of ETH staked in…

密码学与安全 · 计算机科学 2024-01-12 Soubhik Deb , Robert Raynor , Sreeram Kannan

We analyze the economic incentives generated by the proof-of-stake mechanism discussed in the Ethereum Casper upgrade proposal. Compared with proof-of-work, proof-of-stake has a different cost structure for attackers. In Budish (2018),…

密码学与安全 · 计算机科学 2018-07-26 George Gui , Ali Hortacsu , Jose Tudon

Ransomware is a growing threat to individuals and enterprises alike, constituting a major factor in cyber insurance and in the security planning of every organization. Although the game theoretic lens often frames the game as a competition…

密码学与安全 · 计算机科学 2022-06-28 Erick Galinkin

Blockchain protocols incentivize participation through monetary rewards, assuming rational actors behave honestly to maximize their gains. However, attackers may attempt to harm others even at personal cost. These denial of profit attacks…

计算机科学与博弈论 · 计算机科学 2025-06-02 Arian Baloochestani , Leander Jehl

Proof of Stake (PoS) protocols rely on voting mechanisms to reach consensus on the current state. If an enhanced majority of staking nodes, also called validators, agree on a proposed block, then this block is appended to the blockchain.…

计算机科学与博弈论 · 计算机科学 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras

Blockchain technology is a breakthrough in changing the ways of business and organization operations, in which the consensus problem is challenging with practical constraints, such as computational power and consensus standard. In this…

计算工程、金融与科学 · 计算机科学 2023-09-19 Yuqi Xie , Changbing Tang , Feilong Lin , Guanrong Chen , Zhao Zhang , Zhonglong Zheng

Blockchains have witnessed widespread adoption in the past decade in various fields. The growing demand makes their scalability and sustainability challenges more evident than ever. As a result, more and more blockchains have begun to adopt…

计算机科学与博弈论 · 计算机科学 2021-07-12 Shashank Motepalli , Hans-Arno Jacobsen

Proof of Stake (PoS) is a burgeoning Sybil resistance mechanism that aims to have a digital asset ("token") serve as security collateral in crypto networks. However, PoS has so far eluded a comprehensive threat model that encompasses both…

综合金融 · 定量金融 2020-02-05 Tarun Chitra

This paper presents a study of the Poof-of-Stake (PoW) Ethereum consensus protocol, following the recent switch from Proof-of-Work (PoS) to Proof-of-Stake within Merge upgrade. The new protocol has resulted in reduced energy consumption and…

计算机科学与博弈论 · 计算机科学 2023-05-24 Benjamin Kraner , Nicolò Vallarano , Claudio J. Tessone , Caspar Schwarz-Schilling

This study explores the intricacies of waiting games, a novel dynamic that emerged with Ethereum's transition to a Proof-of-Stake (PoS)-based block proposer selection protocol. Within this PoS framework, validators acquire a distinct…

密码学与安全 · 计算机科学 2023-07-13 Burak Öz , Benjamin Kraner , Nicolò Vallarano , Bingle Stegmann Kruger , Florian Matthes , Claudio Juan Tessone

We propose a model suggesting that honest-but-rational consensus participants may play timing games, and strategically delay their block proposal to optimize MEV capture, while still ensuring the proposal's timely inclusion in the canonical…

计算机科学与博弈论 · 计算机科学 2023-05-17 Caspar Schwarz-Schilling , Fahad Saleh , Thomas Thiery , Jennifer Pan , Nihar Shah , Barnabé Monnot

This master thesis deals with Blockchain Technology in mobile turn based peer to peer games. First, it investigates the capabilities of Blockchain Technology to be used for gaming applications. In this regard, among others,…

分布式、并行与集群计算 · 计算机科学 2023-04-18 Dominik Braun
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